Knicks Pick Up Coach Woodson’s Option to Avoid Lame-Duck Status

The New York Knicks picked up the 2014-15 option on coach Mike Woodson’s contract, allowing him to avoid lame-duck status a year after guiding the franchise to its first playoff-series win in 13 seasons.

Steve Mills, appointed the Knicks’ general manager last week, didn’t reveal financial terms of the option in an e-mailed statement from the National Basketball Association team.

Woodson led New York to a 54-28 record last season and the franchise’s first Atlantic Division title since 1993-94. The Knicks beat the Boston Celtics in the opening round of the playoffs before losing to the Indiana Pacers.

“I have long respected Mike and think he has done a remarkable job since becoming the head coach of the Knicks,” said Mills. “After spending time with him recently, it is clear that picking up his option is an easy decision.”

Woodson became the Knicks’ coach in March 2012 after the team fired Mike D’Antoni, going 18-6 to finish the season. His .679 winning percentage (72-34) is the second-best in franchise history, according to the statement. Pat Riley is first at .680 (223-105).